SPR 0.27% 92.3¢ spartan resources limited

Ann: Drilling hits visible gold over 1km deep below Never Never, page-68

  1. 816 Posts.
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    Yes, you could also sense the likely reaction if Sly Fox didn’t deliver spectacular hits too - with people simply not appreciating that we don’t need an exact replica of Never Never to achieve a terrifically profitable operation.

    I think the company needs to do more to signal the potential economics of production. Doesn’t need to be final, specific numbers. Just the main drivers for high-margin production.

    SPR was a victim of its many months of spectacular drill results today. Investors need more dopamine each time to get the same giddiness etc.
 
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